Oconee Federal Financial Corp. Stock: price and insider trades · United States

Oconee Federal Financial Corp. (ticker: OFED) is a U.S. financial company associated with the Nasdaq Capital Market history of its common stock, and it voluntarily delisted from Nasdaq in 2023. For investors, it should be viewed primarily as a small community banking holding company rather than a diversified financial platform. The organization’s roots go back to 2011, when Oconee Federal Financial Corp. was formed as the mid-tier stock holding company for Oconee Federal Savings and Loan Association in connection with its mutual holding company reorganization. The operating thrift itself has a much longer history: it was originally chartered in 1924 in South Carolina and is headquartered in Seneca, South Carolina, in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1501078/000138713122009894/ofed-10k_063022.htm?utm_source=openai))

Operationally, Oconee Federal functions as the parent company of a federally chartered savings and loan association focused on traditional relationship banking. Its core business model is straightforward: gather retail deposits locally and deploy those funds into residential mortgage lending, especially one- to four-family housing loans. The loan book also includes, to a lesser extent, nonresidential real estate loans, construction and land loans, commercial and industrial loans, agricultural loans, and consumer loans. On the funding side, the bank offers a typical community-bank deposit mix, including demand accounts, savings accounts, money market accounts, NOW accounts, individual retirement accounts, and certificates of deposit. This is a classic spread-driven model anchored in deposit gathering and mortgage lending. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1501078/000138713122009894/ofed-10k_063022.htm?utm_source=openai))